700 6Th St Socorro, NM 87801
This exceptional commercial land opportunity presents five available pad sites totaling approximately 8.96 acres in Socorro, New Mexico. The property is strategically located directly in front of and adjacent to the only Walmart Supercenter within a 45-mile radius, ensuring high visibility and significant foot traffic. The sites are centrally located in Socorro, offering easy access and excellent exposure. Pad sites two, five, and six are specifically highlighted, with pad two measuring 0.906 acres, pad five measuring 0.708 acres, and pad six encompassing a substantial 6.267 acres. This larger parcel provides unparalleled exposure to Interstate 25, a major thoroughfare. All parcels are conveniently accessed from North California Street, with two exits directly off I-25. The area boasts a thriving commercial environment, as evidenced by the recently opened Subway restaurant at the main entrance along North California Street. Additional parcels are available as part of this development, presenting a unique opportunity for investors seeking a prime location with high potential for return. The total acreage for sale includes the three specified pads, and the total acreage is approximately 8.96 acres. This is a rare opportunity to secure a prominent commercial presence in a rapidly growing area.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.